MADISON, Wis. and TORONTO, Ontario - CUNA Mutual Group and HomeBank Technologies Inc. have formed an agreement related to Web-based loan origination. Under the agreement, CUNA Mutual will aid HomeBank Technologies in the development of a U.S. version of its ProLender loan origination system. The Web-based ProLender system will allow...

ENGLEWOOD, Colo. - Liberty Cavion has entered into a contract with a major telecom provider to host a "warm site" so its mission-critical telecommunication services are available in the event of a disaster. Liberty Cavion now has a redundant telco connection live from the backup data center to the Internet...

RICHMOND, Va. - State Senator Thomas Norment Jr. (R-James City) has introduced a bill that would increase the size of the State Corporation Commission (SCC) from three to five members. The announced changes are partly in response to the findings of two studies of the agency conducted last year. Most...

HONOLULU - HawaiiUSA FCU President/CEO Ron Ogata has announced his retirement from the credit union effective January 18, 2002. Ogata has served in the position since 1988, during which time the CU's assets have more than doubled, and membership has tripled. At $440 million in assets, HawaiiUSA FCU is the...

DENVER - Internet solutions firm Cavion and check printer giant Liberty made headlines frequently around this time last year as Liberty was making a bid to acquire the bankrupt Cavion. On Feb. 17 it will be exactly one year since Liberty acquired Cavion for about $650,000. The deal with Liberty...

In 1999, many experts theorized that electronic bill payment and presentment (EBPP) would surge in popularity by the end of that year, with the advent of electronic bill presentment spurring the growth. EBPP would become a must have service that would attract new members and keep existing members from moving...

RANCHO CUCAMONGA, Calif. - Bill Hampel, chief economist at CUNA will debate outspoken credit union critic Keith Leggett, senior economist for the ABA on credit union field-of-membership, taxation, community reinvestment and alternative capital at the California Credit Union League's Big Valley Educational conference, March 14-16. Sessions will also be held...

ST. LOUIS - Missouri Corporate CU has declared a bonus dividend of $126,000 to be paid to its member credit unions at the end of fiscal year 2001. The corporate said while it had been accruing money all year with plans of declaring a bonus dividend, it unexpectedly received a...